The ABC's of RMD's (Required Minimum Distributions)

New required minimum distribution (RMD) tables went into effect in 2022. Hear basic facts about RMDs, the new IRS life expectancy tables, tax implications, tax withholding for RMDs, tax penalties for incorrect RMDs, ways to reduce the tax impact of RMDs, and options for using money that is withdrawn from tax-deferred retirement savings accounts.